One of the largest banks in Zimbabwe, CBZ, has retrenched 347 employees out of a total 1,448. The bank retrenched the employees last week following a ...

Nearly half of employers in Singapore are expecting to hire more employees in the first quarter of 2025, according to the ...

PETALING JAYA: The Industrial Court has upheld AirAsia’s retrenchment of an employee of 17 years’ standing, holding that the low cost carrier was entitled to use its “best fit” selection ...

Some key reforms implemented by states include increasing the threshold for prior approval of retrenchment, layoff, or ...

“Any decision made to retrench employees under the best fit policy ... “Any selection process under a retrenchment exercise during this period of time would be arbitrary as it was uncertain ...

Out of the 1,623 employees, about 400 are support staff, 188 are classified as commercial staff, while the remainder are technical staff. The retrenchment is set to bring back the painful ...

Retrenchments in Singapore increased by 18% in Q4 2024, with 3,600 job cuts. While most layoffs stemmed from business ...

“Termination of an employee while on approved leave for ... victory because I do not know of any other instance where a mass retrenchment would have taken place like this, and the union would ...

SINGAPORE: The number of retrenchments fell in 2024 compared with the year before, while employment growth slowed, according ...